Review on Poloniex by gregori cordova
An exchange that has overcome its security problems in the past.
The security standards in the poloniex exchange are one of the characteristics by which customers decide to use it and it has been gaining a very good position in the market in recent years. It was founded in 2014, and in its beginnings it had some security problems, but they have successfully overcome it and currently most of the assets deposited are kept offline and not on sjs servers. They have offices located in the United States, a country with very strict regulations and audits on the page are ongoing at all times. its volume of operations reaches more than 100 million dollars and continues to increase. This exchange also offers an additional service for more advanced users, not very common, which is marging trading.
opening an account on poloniex will not take long and you can operate from anonymity if you are not going to make transactions greater than $ 2,000, a rather positive aspect because kyc usually take many days to be approved
Pros
- a fairly large number of cryptocurrencies listed on poloniex.
- transaction fees are comfortable and competitive.
- a market volume that is increasing every day, positioning it in the first places.
- You can do leveraged operations, or margin trading, something not very common in many other more advanced platforms.
- you can remain anonymous, if you are not going to make transactions greater than $ 2000, an advantage especially for clients who do not handle large amounts of funds
Cons
- in its beginnings it had some security problems and was the object of attacks in which they lost a considerable amount of bitcoins
- does not allow fiat money deposit something quite annoying when you try to make deposits for the first time
New products
Comments (2)
July 13, 2020
hi jose. thanks!! Neither is it one of the ones I use the most, but the fact that it is listed is a great advance because the cryptocurrency is gaining ground in the market . I have not yet reviewed the new features, because I do not usually use this exchage so much.
July 13, 2020
Hi, Cordova. Nice review! As I said on my one, I think this exchange has major benefits. It currently listed Revain and offers excellent rates to this token. There's much more information through the decentralized version currently released, PoloniDex.
However, it is not one of my top exchanges because sometimes it is volatile.
